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Broadway Plaza in Punchbowl goes for $41.2m

Property Markets / Transactions

Australia

Apr 05 2017

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Carolyn Cummins, The Sydney Morning Herald

Real Asset Management Group has emerged as the buyer of the Broadway Plaza, Punchbowl, paying $41.2 million to creditors PPB Advisory.

It comes as food-anchored neighbourhood shopping centres are gaining traction for investors with their proximity to high-density catchment areas and development potential.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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